VERKSTEDVEIEN 2 AS

8403 SORTLAND

Finances

Share Ownership

Return on Equity

22,44 %

Current Ratio

2,91

Debt-to-Equity Ratio

1,94

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 960 000	2 830 000	2 780 000	2 743 000
Net Income	1 599 000	1 577 000	1 262 000	1 133 000
Total Assets	23 065 000	22 900 000	22 384 000	22 128 000
Total Equity	7 127 000	7 057 000	7 000 000	6 915 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 960 000	2 830 000	2 780 000	2 743 000
Expenditure	628 000	662 000	706 000	729 000
Operating Profit	2 332 000	2 168 000	2 073 000	2 014 000
Financial Income	175 000	144 000	117 000	104 000
Financial Costs	457 000	291 000	572 000	665 000
Financial Balance	−282 000	−147 000	−455 000	−561 000
Earnings Before Tax	2 050 000	2 021 000	1 618 000	1 452 000
Tax	451 000	445 000	356 000	319 000
Net Income	1 599 000	1 577 000	1 262 000	1 133 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	16 828 000	17 273 000	17 769 000	18 265 000
Total Current Assets	6 237 000	5 627 000	4 615 000	3 862 000
Total Assets	23 065 000	22 900 000	22 384 000	22 128 000
Total Retained Equity	6 969 000	6 898 000	6 842 000	6 757 000
Total Equity	7 127 000	7 057 000	7 000 000	6 915 000
Total Long-Term Debt	13 794 000	13 774 000	13 759 000	13 734 000
Total Current Debt	2 144 000	2 068 000	1 626 000	1 478 000
Total Equity and Debt	23 065 000	22 900 000	22 384 000	22 128 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	2 960 000	2 830 000	2 780 000	2 743 000
Revenue	2 960 000	2 830 000	2 780 000	2 743 000
Cost of Goods Sold	8 000	6 000	0	0
Salary Costs	0	0	0	0
Depreciation	445 000	496 000	496 000	501 000
Impairment	0	0	0	0
Expenditure	628 000	662 000	706 000	729 000
Operating Profit	2 332 000	2 168 000	2 073 000	2 014 000
Financial Income	175 000	144 000	117 000	104 000
Financial Costs	457 000	291 000	572 000	665 000
Financial Balance	−282 000	−147 000	−455 000	−561 000
Dividends	0	0	0	0
Net Income	1 599 000	1 577 000	1 262 000	1 133 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	16 828 000	17 273 000	17 769 000	18 265 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	16 828 000	17 273 000	17 769 000	18 265 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	16 828 000	17 273 000	17 769 000	18 265 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	246 000	154 000	353 000	406 000
Total Current Assets	6 237 000	5 627 000	4 615 000	3 862 000
Total Assets	23 065 000	22 900 000	22 384 000	22 128 000
Total Equity	7 127 000	7 057 000	7 000 000	6 915 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	13 794 000	13 774 000	13 759 000	13 734 000
Creditors	62 000	58 000	65 000	61 000
Unpaid Taxes	0	0	0	5 000
Dividends	0	0	0	0
Other Current Debt	2 082 000	2 010 000	1 561 000	1 412 000
Total Current Debt	2 144 000	2 068 000	1 626 000	1 478 000
Total Equity and Debt	23 065 000	22 900 000	22 384 000	22 128 000

Financial indicators	2022	2021	2020	2019
Return on Equity	22,44 %	22,35 %	18,03 %	16,38 %
Debt-to-Equity Ratio	1,94	1,95	1,97	1,99
Operating Profit Margin	78,78 %	76,61 %	74,57 %	73,42 %
Current Ratio	2,91	2,72	2,84	2,61
Quick Ratio	2,91	2,72	2,84	2,61
Equity Ratio	0,31	0,31	0,31	0,31
Gross Profit Margin	99,73 %	99,79 %	100 %	100 %